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The purchases ledger control account showed a credit balance of N525 000 on April 30, ...
Classroom
Accounts - Principles of Accounts Classroom
Jamb
Jamb 2007
Control Accounts And Self-balancing Ledgers
Purchases Ledger Control Account
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The purchases ledger control account showed a credit balance of N525 000 on April 30, 2006.
This amount shows?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
What the debtor of a business enterprise owed the business
B
The total amount which each debtor owed the business
C
What a business enterprise owed its creditors
D
The amount whicih a business enterprise owed creditor
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Show Explanation
Correct Answer:
Option C
Explanation:
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